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    2341 John Hawkins Pkwy Hoover, AL 35244-3503
    Property profile & analytics

    2341 John Hawkins Pkwy, Hoover, AL 35244-3503

    View on Map

    • Retail space
    • 24,001 SF
    • 2.55 lot acres
    Off-Market
    Property ID
    US03-0585502
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 2341 John Hawkins Pkwy

    Year built
    2004
    Lot size
    2.55 lot acres
    Zone code
    I3
    Property type
    Retail space
    APN
    39-00-28-3-000-001.006
    APU
    3900283000001006

    Description

    Lake Crest Plaza, located at 2341 John Hawkins Parkway in Hoover, Alabama, presents a compelling opportunity for businesses seeking high-visibility retail, office, or restaurant space. This 22,072 square foot, multi-tenant property sits on a 2.61-acre lot and was constructed in 2004. The building's traditional office and storefront subtypes offer versatile options for various business needs. Its strategic location directly on Highway 150/John Hawkins Parkway ensures excellent exposure to a high volume of traffic. The recent widening of Highway 150 to four lanes further enhances visibility and accessibility. Lake Crest Plaza benefits from its proximity to thriving residential areas, including Ross Bridge, Lake Cyrus, and Lake Crest subdivisions, creating a strong customer base. The property's convenient location is also less than a minute away from a Super Target shopping center and a new emergency room building, adding to its appeal and attracting significant foot traffic. This well-established neighborhood shopping center offers a unique opportunity to establish or expand a business in a prime Hoover location within the Shades Crest submarket cluster of Jefferson County. The property's size and configuration make it ideal for a variety of uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,585,000
      6.5%
      $5,155,000
      7%
      $4,790,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,982,000
      Market price range: $699k - $3.98M
      AI Estimate
      $2,332,000
      Market price range: $392k - $2.33M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,305,000
      Current use
      RESTAURANT
      $6,130,000
      Change: +166% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $4,770,000
      Change: +107% Conversion: Difficult
      OFFICE BUILDING
      $4,000,000
      Change: +74% Conversion: Easy
      MEDICAL BUILDING
      $3,820,000
      Change: +66% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,395,000
      Change: +47% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,385,000
      Change: +47% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,785,000
      Change: +21% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hoover
    County
    Jefferson
    State
    Alabama
    Longitude
    -86.8638
    Latitude
    33.353
    CBSA code
    13820
    CBSA name
    BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $50,647
    $310,600
    $435,400
    $746,000
    -
    $1,553,000
    $2,177,000
    $3,730,000
    More about this property
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